# BYD to build electric forklift production base in Ningbo, China

BYD's subsidiary Ningbo BYD Auto Co., Ltd. received approval for a 565 million yuan electric forklift production base in Fenghua, Ningbo. The project will have an annual capacity of 50,000 new energy electric forklifts.

- Type: New facility
- Announced: 2019-06-18
- Where: Fenghua, Ningbo, Zhejiang, China
- Value: $82.0M (565.0M CNY)
- Status: announced
- Capacity: 50,000 new energy electric forklifts per year
- Products: electric forklifts, electric pallet trucks
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [BYD](https://endata.com/companies/9720.md)

## Sources

- [fh.gov.cn](https://www.fh.gov.cn/art/2019/6/18/art_1229560532_405865.html), 2019-06-18: "该项目位于宁波市奉化经济开发区滨海新区滨湾路118号，拟投资5.65亿，在滨海新区现有土地上新建...建立叉车生产基地。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.